As at 1st January 2020 salary outstanding was $128,400. Though during the year ended 31st...
90.2K
Verified Solution
Question
Accounting
As at 1st January 2020 salary outstanding was $128,400. Though during the year ended 31st December 2020 $598,800 was paid as salary, as at 31st December 2020 salary amounting to $142,900 remained unpaid. What is the salary expense to be written off in the Statement of income for the year ended 31st December 2020? Select one: a. 584300 b. 741700 6613300 d. 598800

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.